In this paper we introduce a calibration procedure for validating of agent based models. Starting from the well-known financial model of Brock and Hommes 1998, we show how an appropriate calibration enables the model to describe price time series. We formulate the calibration problem as a...

Traditional (i.e. analytical) modelling practices in the social sciences rely on a very well established, although implicit, methodological protocol, both with respect to the way models are presented and to the kinds of analysis that are performed. Unfortunately, computer-simulated models often...

A detailed hydrodynamic model of the Lower Rideau River system has been constructed using the Mike11 modeling system of the Danish Hydraulic Institute. This river system is complex, comprising of channels, local drainage areas, lateral inflows, and a number of water control structures. The model...